McDonald’s NZ lifts annual sales by 5.8 percent in year of Georgie Pie relaunch

Wed, 23 Apr 2014

By Jonathan Underhill April 22 (BusinessDesk) – McDonald’s Restaurants (New Zealand), the local arm of the world’s largest fast food chain, had a 5.8 percent gain in sales in 2013, the year it relaunched the Georgie Pie brand after a decade-long hiatus. Sales were $216.6 million in calendar 2013, up from $204.7 million a year earlier, according to the local unit’s annual report. Profit for the year barely budged at $30.7 million as the company opened new stores, spent more on raw materials and wages, and paid more tax. McDonald’s has 163 res...

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